In recent years more and more homebuyers and conveyancers have been targeted by criminals, leaving them at risk and in financial turmoil.
As the majority of conveyancing transactions involve large amounts of money, the effects of conveyancing fraud are often devastating to the victims.
According to whatmortgage.co.uk, the number of scams targeting the home buying process as of 2016 was more than triple what it was in 2015, and that number is continuing to rise.
How does a conveyancing scam work?
For the most part, conveyancing fraud occurs by...